Google (GOOG - Get Report), Yahoo! (YHOO - Get Report) and other Internet companies are continuing to benefit from the shift of advertising dollars online, even as concerns about a possible economic slowdown intensify.Internet advertising spending rose 18.9% to $4.69 billion between January and June, according to data from TNS Media Intelligence. That's greater than the 5.7% jump seen on network TV, the 4.4% jump at magazines or the 2.6% increase seen on cable, TNS says.
Google Gains as Ads Slow
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